Other Expense (Income), Net

12 Months Ended

Sep. 30, 2011

Other Expense (Income), Net [Abstract]

Other Expense (Income), Net

15. Other Expense (Income), Net

Other (income) expense, net consists of the following (in thousands):

	Successor			Predecessor
	April 20, 2011 through September 30, 2011			Period from October 2,  2010 through April 19, 2011			Fiscal Year Ended October  1, 2010			Fiscal Year Ended October  2, 2009
Investment and interest income	$	(101	)	$	(159	)	$	(265	)	$	(1,747	)
Gain on sale of investments		(5	)		(1,393	)		(16,054	)		(1,856	)
Loss on extinguishment of debt		—			—			18,583			—
Decrease (increase) in the fair value of derivative instruments		9,509			9,469			(15,632	)		(4,508	)
Impairment of equity securities		—			—			—			2,770
Loss on termination of interest rate swap		—			—			—			1,087
Other		(10	)		506			913			(771	)
Other expense (income), net	$	9,393		$	8,423		$	(12,455	)	$	(5,025	)

Other expense, net of $17.8 million during the successor period from April 20, 2011 through September 30, 2011 and the predecessor period from October 2, 2010 through April 19, 2011 consisted primarily of a $19.0 million decrease in the Mindspeed warrant partially offset by a $1.4 million gain on sale of equity investments. Of the $1.4 million gain on sale of equity investments, we have received proceeds in the amount of $0.8 million. The difference between the gain and proceeds has been recorded as a receivable.

Other income, net of $12.5 million during the predecessor fiscal year ended October 1, 2010 primarily consisted of a $16.1 million gain on sale of equity investments and an $15.6 million increase in the fair value of the Company’s warrant to purchase 6.1 million shares of Mindspeed common stock, partially offset by a loss of $18.6 million on extinguishment of debt, which consisted of $13.4 million of unamortized debt discount, $1.8 million premium over par paid upon repurchase and $3.4 million of transaction costs.

Other income, net for the predecessor fiscal year ended October 2, 2009 was primarily comprised of a $4.5 million increase in the fair value of the Company’s warrant to purchase 6.1 million shares of Mindspeed common stock, a $1.9 million gain on sales of equity securities, $1.7 million of investment and interest income on invested cash balances offset by $2.8 million of impairments on equity securities and a $1.1 million realized loss on the termination of interest rate swaps.